New Carrollton Town Center 8500 Annapolis Rd

NEW CARROLLTON TOWN CENTER
New Carrollton Town Center mixed-use investment offers a stabilized retail and medical office center ideally located within Washington, DC’s beltway. Boasting a solid $750K+ NOI Year 1 and an approximate 8 years weighted average remaining lease term, this mixed-use asset ensures a strong, diversified cash flow for years to come.
Conveniently positioned adjacent to I-495 and just 0.7 miles from New Carrollton Purple/Orange Line Metro, MARC/AMTRACK train stations, this property enjoys high visibility with an over 42,000 daily average traffic count and is close to the large developments happening at the New Carrollton metro station.
The Town Center is approximately 4.66 acres with ample parking and a covered loading dock. With a variety of well-established retail and medical office tenants, this property presents an exceptional investment opportunity in a thriving community with promising demographics. This prime piece of real estate is at the heart of New Carrollton's bustling commercial corridor.
• 19,055 RSF Retail Shopping Center
• 46,605 SF Medical Office Center
• Retail & Office In-Place NOI over $750,000 yr 1
• 5-minutes from New Carrollton Metro Station active and planned, mixed-use development including:
o Over 1,500 residential units,
o 1.1 M SF office
o 200-key hotel proposed
• Extremely low retail vacancy (under 3.00%) on the Annapolis Rd / 450 commercial corridor
• Stabilize retail tenancy
• Attractive medical offices with potential tenant expansion space available